A leading real estate executive thinks a minority government in B.C. may not be a bad thing.
Elton Ash is a Regional Vice-President of RE/MAX of Western Canada, and he thinks a minority government will force all three parties to make a concerted effort to improve the supply of all forms of housing, because that’s what the voter wants.
“You know, minority government will be relatively short-lived, you know at the outside, maybe 18 months. And so they’re going to have to look at how do they get re-elected to a majority position. And this is also what will influence housing policy moving forward over the next short period of time.”
He thinks the provincial government needs to lead the discussion with municipalities and the federal government to take real action on supply.
“There has to be a real concerted effort on the part of the provincial government to lead the discussion in this area, to bring the municipalities to the table, to include the federal government with overall national policy.”
He says Toronto is also dealing with affordability issues.
Original article can be found here: http://www.cknw.com/2017/05/10/minority-b-c-government-could-be-good-for-housing-real-estate-executive/